The guys and girls at Codan seem to be very good at spotting value and developing strong product lines, minelab was a great acquisition and still the best detectors money can buy. Can't wait to see minetec become common place in mine sites across the world.
There isn't much buzz around Codan, but I think it's a great company. Getting hacked should be worn like a badge of honour, I'm sure they've got very good systems to deal with such threats now.
In the military market it is good to see them expanding beyond radios and now doing mine detectors. I'm wondering if they could also acquire a company like Droneshield (asx:dro) and better develop those products (which look a bit like toys at the moment) to be more robust for military and civil services.
CDA Price at posting:
$2.23 Sentiment: Hold Disclosure: Held
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